Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

Industrials

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.

TSXV:ENW - Post by User

Enwave Corp > New Press Release - EnWave Signs Royalty-Bearing Commercial License with Established South American Food Manufacturer

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Comment by Possibleidiot01on Feb 29, 2024 3:45pm

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Post# 35907423

RE:RE:New Press Release - EnWave Signs Royalty-Bearing Commercial License with Established South American Food Manufacturer

This is one of those times the market makes little sense , 24% jump yesterday followed by a 12% decline ( back to last week price) despite a second news release today about BranchOut Food and the expectation of significant royalty revenue on their sales of $8.5 million - almost all of which should go to the bottom line.

Equally impressively BranchOut signed a tolling agreement with Enwave on February 8 - showing the wisdom of the creation of the custom tolling division .

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